Foreign Banks’ Exit From Egypt Increases Egyptian Banks’ Chances: CIB
The exit of foreign banks from the Egyptian market will increase the chances of Egyptian banks to expand in the…
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Commercial International Bank
Returns On Savings Instruments Downed Due To Low Lending Rates
A number of bankers said that some banks have taken procedures to reduce interest rates on savings certificates as…
Export Development Bank Mulls Contributing EGP 250 Mln To Ethylene Loan
The Export Development Bank of Egypt (EDBE) targets to contribute to the US$ 1.250 billion syndicated loan arranged…
Commercial International Bank’s Foreign Trade Finances Up To US$ 1.5 Bln
The Commercial International Bank’s (CIB) portfolio of foreign trade finances reached US$ 1.5 billion at the end of…
Mobinil Gets EGP 1.15 Bln First Tranche Of EGP 2.9 Bln Loan
The Egyptian Company for Mobile Services (Mobinil) received EGP 1.150 billion worth of the first tranche of the EGP…
Al Arafa Denies Halting Talks With CIB, To Finalize Concrete Deal Soon
Al Arafa for Investment and Consultancies (AIVC.CA) denied halting talks with the Commercial International Bank –…
Egypt’s Govt. Acquires Large Sum Of Liquidity: Hisham Ezz El-Arab
The Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab stated that the government retains a…
Al-Futtaim Paid EGP 40 Mln Loan Fees
Al-Futtaim Group, owner of Cairo Festival City project, paid administrative fees of about EGP 40 million during the…
Banque Du Caire Mulls Contributing US$70 Mln To Loan For Hydrocarbon Corp.
Banque Du Caire considers contributing US$ 70 million to a long-term loan arranged by Banque Misr, Commercial…
Ethylene Loan Arrangers Signed Final Loan Agreement
A consortium composed of the National Bank of Egypt (NBE), Banque Misr, Banque Du Caire, Commercial International…
